Shares of Titan Company surged 3% to a nearly five-month high of Rs 3,730 on Thursday, driven by expectations of improved consumer demand due to soft gold prices. The stock rebounded 18% from its 52-week low, with strong trading volumes. Despite weak operational performance in Q1FY25, the company remains optimistic about long-term benefits following the reduction in custom duty on gold imports. Analysts highlight potential growth opportunities in store count, market share gains, and international expansion, maintaining a positive outlook on the stock with target prices ranging from Rs 3,860 to Rs 4,337.
Source link
Billionaire David Tepper Sold 97% of Appaloosa's Nvidia Stake and His Entire Position in AMD in Favor of This Trillion-Dollar Artificial Intelligence (AI) Stock
The rise of the internet over 30 years ago marked a significant growth opportunity for corporate America, and investors are now anticipating a similar transformation with the evolution of artificial intelligence (AI). Companies are investing heavily in AI technologies, with PwC estimating a 26% increase in global GDP by 2030 as a result of AI advancements. Explain It To Me Like I'm 5: Big companies are excited about new technology called artificial intelligence, which can...
Read more